Axis Robotics: The team and investors have not sold AXIS tokens
2026-10-30 01:03:07
According to CoinMeta, Axis Robotics issued a statement stating that the AXIS tokens sold on October 28th and 29th did not come from the team or investors' shares. The core team, investors, and all other locked shares together account for 83.5% of the total supply and are still stored in the ownership contract jointly managed with Binance. The tokens sold this time came from the initial circulation supply outlined in the published token economy model, specifically belonging to the “ecosystem” allocation shares. Since many participants in the ecosystem are not native cryptocurrency users, their allocated shares were delivered through a single off-exchange transaction (OTC), and the written agreement signed by both parties included lock-up period terms. Previously, according to ZachXBT monitoring, an insider from Axis Robotics obtained over 76 million AXIS tokens from a multi-signature wallet, worth more than 12 million US dollars, and then sold them through a decentralized exchange, transferring some of the tokens to Bitget.
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Source:Internet
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